Mercedes Benz Places by BinghattiOff-plan, due 2027AED 5,135 per sq ft ▼ 11% in a year off-plan, 30 sales
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Home › Downtown Dubai › Residential towers › Mercedes Benz Places by Binghatti
Map: Google Maps
Off-plan luxury branded residential tower by Binghatti Developers, handover due in 2027, with 65 floors and 121 off-plan sales on the Land Department record

Mercedes Benz Places by Binghatti, Downtown Dubai · by Binghatti Developers

An off-plan 2-bed in Mercedes Benz Places by Binghatti sells for about AED 9.10m

Median of 14 off-plan 2-bed sales in the 12 months to 22 Oct 2026, from Land Department records (30 off-plan sales of all sizes). Last sale in the tower: 12 Oct 2026.

The market says
30 off-plan sales of all sizes in the 12 months to 22 Oct 2026 at AED 5,135 per sq ft (down 11% in a year); 8 homes for sale now.
James Paul Booth
The agent's view
“Mercedes Benz Places by Binghatti is off-plan, due in 2027, so no owner has sold a completed home here yet. Buyers took 30 homes here in the 12 months to 22 Oct 2026, at about AED 5,135 per sq ft. Sales are slow. Ask for a better payment plan before you sign, and compare the price with a completed tower next door.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Renting, or buying to let? Signed rents across the area: rent prices on RENT DUBAI →
Asking now, 2-bed
AED 11,499,999 (5 listings)
Size
65 floors
Service charge
AED 25 per sq ft a year
116 units with a sale on record since 2024.
30sales in the 12 months to 22 Oct 2026: 30 off-plan
8for sale now
Off-plannot built yet: every sale so far is off-plan
AIWritten by Dalia, an AI data analyst. Data to 21 Oct 2026. Built 23 Oct 2026.

From the developer: Binghatti Developers

What Binghatti Developers publishes about Mercedes Benz Places by Binghatti. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 14 Oct 2026. Ask Binghatti Developers for the latest brochure and floor plans.

Street view of Mercedes Benz Places by Binghatti

The street outside, live from Google, about 45 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

Mercedes Benz Places by Binghatti on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Construction progress: not found

We found no public progress record for this tower. Ask the developer for the latest inspection report from the Land Department.

Payment plan: not found

We checked the pages we hold for this tower and found no payment plan that passed our checks. We do not guess one. Ask the developer for the current plan.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 22 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.

TypeOff-plan: soldOff-plan: per sq ftMedian asking
2-bedAED 9,100,000 (14)4,225AED 11,499,999 (5)
3-bedAED 18,000,000 (11)5,502– (2)
4-bed+– (under 10)–– (1)

Sold prices: Land Department sale records to 22 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.

Sales we leave out of every median, count and chart (4 of 121 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (2); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (2). They stay in the list below with a label.

Off-plan price per sq ft fell 11% in a year

Median AED 5,135 per sq ft in the last 12 months (30 off-plan sales, all sizes) against AED 5,782 in the 12 months before (39 off-plan sales, all sizes).

2024-Q2: AED 4,848 per sq ft, 28 sales4,84824 Q22024-Q3: AED 5,405 per sq ft, 16 sales5,40524 Q32024-Q4: AED 6,782 per sq ft, 21 sales6,78224 Q425 Q125 Q22025-Q3: AED 5,984 per sq ft, 14 sales5,98425 Q32025-Q4: AED 5,006 per sq ft, 16 sales5,00625 Q426 Q126 Q22026-Q3: AED 4,797 per sq ft, 11 sales4,79726 Q328 sales2816 sales1621 sales210 sales00 sales014 sales1416 sales160 sales00 sales011 sales11Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales. Off-plan sales are 100% of sales in the last 12 months, so the bars can mix launch and resale prices.

Every sale since 2024: 121 sales of 116 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
9012-bed1,837AED 8,000,0004,35512 Oct 2026Off-plan
35023-bed3,284AED 18,000,0005,4825 Oct 2026Off-plan
40024-bed4,043AED 36,299,9998,9792 Oct 2026Off-plan
20012-bed1,837AED 8,500,0004,62719 Aug 2026Off-plan
30013-bed2,711AED 22,099,9998,15219 Aug 2026Off-plan
7032-bed2,535AED 10,000,0003,94519 Aug 2026Off-plan, sold again+11% from AED 9.00m in 2024
31013-bed2,711AED 15,000,0005,53319 Aug 2026Off-plan
11012-bed1,837AED 8,500,0004,62719 Aug 2026Off-plan
44014-bed3,568AED 30,000,0008,40817 Aug 2026Off-plan
44024-bed3,568AED 30,000,0008,40817 Aug 2026Off-plan
20032-bed2,535AED 10,379,9994,09517 Aug 2026Off-plan
20022-bed2,535AED 8,500,0003,35312 Aug 2026Off-plan
4022-bed2,535AED 12,159,9994,7979 Jul 2026Off-plan, sold againsame price as in 2024: transfer
45013-bed3,428AED 21,300,0006,2138 Jul 2026Off-plan, sold again+21% from AED 17.60m in 2025
47023-bed3,427AED 17,600,0005,13629 Jun 2026Off-plan
36023-bed3,272AED 18,000,0005,5028 Jun 2026Off-plan
46023-bed3,287AED 23,000,0006,99723 Mar 2026Off-plan
45023-bed3,428AED 17,160,0005,00623 Jan 2026Off-plan
40014-bed4,043AED 28,335,9997,00922 Jan 2026Off-plan
51014-bed5,602AED 50,000,0008,9257 Jan 2026Off-plan
50012-bed2,884AED 14,000,0004,85425 Dec 2025Off-plan
46013-bed3,287AED 17,480,0005,31815 Dec 2025Off-plan
45013-bed3,428AED 17,600,0005,1349 Dec 2025Off-plan
48023-bed3,269AED 18,000,0005,50617 Nov 2025Off-plan
7022-bed2,535AED 7,805,0003,07915 Nov 2025Off-plan, sold again+4% from AED 7.50m in 2024
102A2-bed4,390AED 9,100,0002,07310 Nov 2025Off-plan size does not fit the recorded type
101A2-bed4,390AED 9,100,0002,07310 Nov 2025Off-plan size does not fit the recorded type
17022-bed2,535AED 16,099,9996,35123 Oct 2025Off-plan, sold againsame price as in 2024: transfer
49012-bed3,075AED 15,000,0004,87822 Oct 2025Off-plan
12012-bed1,837AED 9,500,0005,17215 Oct 2025Off-plan
12042-bed1,837AED 12,000,0006,5349 Oct 2025Off-plan
3022-bed2,535AED 10,000,0003,9458 Oct 2025Off-plan
18042-bed1,837AED 11,500,0006,2626 Oct 2025Off-plan
48013-bed3,269AED 17,000,0005,2006 Oct 2025Off-plan
49022-bed3,075AED 14,800,0004,8135 Oct 2025Off-plan
50022-bed2,884AED 14,000,0004,85430 Sep 2025Off-plan
33013-bed2,711AED 15,000,0005,53323 Sep 2025Off-plan
9042-bed1,837AED 9,200,0005,00911 Sep 2025Off-plan
39023-bed3,178AED 19,000,0005,97910 Sep 2025Off-plan
35033-bed2,705AED 17,500,0006,47010 Sep 2025Off-plan
38023-bed3,219AED 19,000,0005,90325 Aug 2025Off-plan
22033-bed2,708AED 20,299,9997,49521 Aug 2025Off-plan
17042-bed1,837AED 9,000,0004,90114 Aug 2025Off-plan
47013-bed3,427AED 24,000,0007,00313 Aug 2025Off-plan
4042-bed1,837AED 10,999,9995,99013 Aug 2025Off-plan
42014-bed3,786AED 36,199,9999,56213 Aug 2025Off-plan
19042-bed1,837AED 14,799,9998,05911 Aug 2025Off-plan
42024-bed3,786AED 29,000,0007,6604 Aug 2025Off-plan
19012-bed1,837AED 9,000,0004,89921 Jul 2025Off-plan
15032-bed2,535AED 15,799,9996,23311 Jun 2025Off-plan
2032-bed2,535AED 8,500,0003,35315 Apr 2025Off-plan
10022-bed2,535AED 10,500,0004,1426 Mar 2025Off-plan
43024-bed3,664AED 30,000,0008,1886 Mar 2025Off-plan
31023-bed3,286AED 19,000,0005,7825 Mar 2025Off-plan
5022-bed2,535AED 12,000,0004,7348 Jan 2025Off-plan
11032-bed2,535AED 9,750,0003,84627 Dec 2024Off-plan
5032-bed2,535AED 12,000,0004,73425 Dec 2024Off-plan
10012-bed1,837AED 8,500,0004,62720 Dec 2024Off-plan
2022-bed2,535AED 8,500,0003,35317 Dec 2024Off-plan
9032-bed2,535AED 12,000,0004,73417 Dec 2024Off-plan
41024-bed3,907AED 35,573,9999,10616 Dec 2024Off-plan
41014-bed3,906AED 36,063,9999,23216 Dec 2024Off-plan
12032-bed2,535AED 13,499,9995,32611 Dec 2024Off-plan
32023-bed3,286AED 22,500,0006,84713 Nov 2024Off-plan
24023-bed3,286AED 14,750,0004,48929 Oct 2024Off-plan
18022-bed2,535AED 16,299,9996,43024 Oct 2024Off-plan
33023-bed3,286AED 22,500,0006,84724 Oct 2024Off-plan
18032-bed2,535AED 16,499,9996,50924 Oct 2024Off-plan
14042-bed1,837AED 12,454,9606,7822 Oct 2024Off-plan
28013-bed2,711AED 22,111,2808,1562 Oct 2024Off-plan
19032-bed2,535AED 16,799,9996,6272 Oct 2024Off-plan
28023-bed3,286AED 26,369,9608,0252 Oct 2024Off-plan
14022-bed2,535AED 18,125,8407,1512 Oct 2024Off-plan
14032-bed2,535AED 17,439,5206,8802 Oct 2024Off-plan
14012-bed1,837AED 13,144,9607,1562 Oct 2024Off-plan
28033-bed2,708AED 21,421,2807,9092 Oct 2024Off-plan
12022-bed2,535AED 10,000,0003,94523 Sep 2024Off-plan
1022-bed2,535AED 7,500,0002,95926 Aug 2024Off-plan
1032-bed2,535AED 8,250,0003,25514 Aug 2024Off-plan
13022-bed2,535AED 12,800,0005,05013 Aug 2024Off-plan
4012-bed1,837AED 10,799,9995,87913 Aug 2024Off-plan
9022-bed2,535AED 9,000,0003,55028 Jul 2024Off-plan
32033-bed2,708AED 21,984,0008,11724 Jul 2024Off-plan
18012-bed1,837AED 13,728,0007,47324 Jul 2024Off-plan
32013-bed2,711AED 21,696,0008,00324 Jul 2024Off-plan
16012-bed1,837AED 13,248,0007,21224 Jul 2024Off-plan
6012-bed1,837AED 10,848,0005,90517 Jul 2024Off-plan
1012-bed1,837AED 8,000,0004,35512 Jul 2024Off-plan
27023-bed3,286AED 16,000,0004,86911 Jul 2024Off-plan
22023-bed3,286AED 20,739,0006,31111 Jul 2024Off-plan
5012-bed1,837AED 9,000,0004,89911 Jul 2024Off-plan
11022-bed2,535AED 14,599,9995,76011 Jul 2024Off-plan
19022-bed2,535AED 16,599,9996,54924 Jun 2024Off-plan
17032-bed2,535AED 15,484,9996,10920 Jun 2024Off-plan
4032-bed2,535AED 11,699,9994,61611 Jun 2024Off-plan
17022-bed2,535AED 16,099,9996,35111 Jun 2024Off-plan
7022-bed2,535AED 7,500,0002,95911 Jun 2024Off-plan
23023-bed3,286AED 20,500,0006,23911 Jun 2024Off-plan
8042-bed1,837AED 11,999,9996,53411 Jun 2024Off-plan
15022-bed2,535AED 12,667,2004,99711 Jun 2024Off-plan
6022-bed2,535AED 7,500,0002,95910 Jun 2024Off-plan
1042-bed1,837AED 8,533,3324,64610 Jun 2024Off-plan
7032-bed2,535AED 9,000,0003,55010 Jun 2024Off-plan
3012-bed1,837AED 10,100,0005,49810 Jun 2024Off-plan
29023-bed3,286AED 17,500,0005,32610 Jun 2024Off-plan
25023-bed3,286AED 20,750,0006,31510 Jun 2024Off-plan
8032-bed2,535AED 10,000,0003,94510 Jun 2024Off-plan
4022-bed2,535AED 12,159,9994,79710 Jun 2024Off-plan
10032-bed2,535AED 9,000,0003,55031 May 2024Off-plan
16032-bed2,535AED 10,000,0003,94531 May 2024Off-plan
8022-bed2,535AED 12,420,0004,90031 May 2024Off-plan
13032-bed2,535AED 12,800,0005,05031 May 2024Off-plan
3032-bed2,535AED 11,520,0004,54531 May 2024Off-plan
30023-bed3,286AED 18,000,0005,47831 May 2024Off-plan
2042-bed1,837AED 9,000,0004,90131 May 2024Off-plan
30033-bed2,708AED 18,000,0006,64631 May 2024Off-plan
26023-bed3,286AED 15,500,0004,71731 May 2024Off-plan
3042-bed1,837AED 8,000,0004,35631 May 2024Off-plan
33033-bed2,708AED 18,000,0006,64631 May 2024Off-plan
6032-bed2,535AED 8,000,0003,15610 May 2024Off-plan
16022-bed2,535AED 10,000,0003,9452 May 2024Off-plan

Sellers ask 32% more than buyers paid

8 homes are for sale in Mercedes Benz Places by Binghatti. The median advert asks 32% more per sq ft than the median off-plan sale of the same type in the last 12 months. 0 of 8 adverts ask the sold level or less. The median advert has been listed for 2 days; the oldest for 4 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Asking over soldMedian time listed
2-bed5AED 11,499,9996,2644,355 (9)+44%0 days
3-bed2AED 19,600,0006,5025,502 (11)+18%4 days
4-bed1AED 35,799,9999,7718,408 (5)+16%0 days

How long the adverts have been listed

30 days or less8
31 to 90 days0
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftAgainst soldDays listed
3-bed3,427AED 19,000,0005,544+1%4
4-bed3,664AED 35,799,9999,771+16%0
2-bed1,837AED 10,299,9995,607+29%4
2-bed1,836AED 10,299,9995,610+29%4
3-bed2,708AED 20,199,9997,459+36%4
2-bed1,836AED 11,499,9996,264+44%0
2-bed1,837AED 12,300,0006,696+54%0
2-bed1,836AED 14,099,9997,680+76%0

Adverts: one reading on 7 Oct 2026. Sold prices: off-plan sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

The official record

Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.

Get a message when something changes in Mercedes Benz Places by Binghatti
Sales, price cuts, new adverts and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from Mercedes Benz Places by Binghatti, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthDIFC 2.6 km
North-eastW Residences Downtown, a tower 60 m away · Inaura Hotels & Residences, a tower 105 m away
EastDubai Design District 1.8 km · Dubai Creek and Ras Al Khor 5.5 km
South-eastMeydan racecourse 4.1 km
South-westDamac Maison The Distinction, a tower 87 m away · Burj Al Arab and the sea 10.9 km · Dubai Marina skyline 18.6 km
WestSheikh Zayed Road 1.6 km
North-westBaccarat Hotel and Residences, a tower 132 m away · Burj Khalifa 1.1 km · Jumeirah beach and the sea 4.5 km

No resident reviews: the tower is not built

Nobody lives in Mercedes Benz Places by Binghatti yet, so there is nothing a resident can tell you. Reviews you see elsewhere under this name are about the sales office, the developer or another building. What we can show is below: what the developer and the documents say about the project. We add resident reviews after handover.

The project: what the developer and the documents say

The tower is not complete, so these are plans and claims, not facts you can check on site. Each one names its source.

Developer
Binghatti, in partnership with Mercedes-Benz
Handover due
2027
Floors
65
Parking levels
5
Service charge
AED 25 per sq ft a year
Unit mix
2-bedroom, 3-bedroom, 4-bedroom, and 5-bedroom penthouses

Amenities: gym, spa, wellness, food and beverage outlets, housekeeping, smart-home systems, EV charging, sky infinity pool, podium pools, private pools

Where sources disagree

No conflict found between sources.

Building

Floors, apartments and completion year
The tower has 65 floors and is expected to be handed over between Q4 202/26 and early 2027.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).
Amenities list
Planned amenities include gyms, spas, wellness centers, dining outlets, housekeeping, smart-home technology, and EV charging stations.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each)., Developer material (the developer's own project page and brochure; marketing text, not residents).
Shops in the building
The building is planned to include retail outlets.
Reported by a site · live adverts: community guide

Developer

Who is the developer?
The developer is Binghatti, working in partnership with Mercedes-Benz.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Around

Entertainment within a 15-minute walk
In the community, residents have access to the Dubai Mall, Dubai Fountain, Dubai Opera, and various high-end restaurants and cafes.
Reported by a site · live adverts: community guide
Metro and public transport
In the community, the area is served by the Burj Khalifa/Dubai Mall Metro Station on the Red Line, as well as various bus lines including 27, 29, and F13.
Report of a site · live adverts: community guide

Around Mercedes Benz Places by Binghatti

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Mercedes Benz Places by Binghatti (this tower)–5,318 (25)
W Residences Downtown60 m2,708 (23)
DAMAC Maison The Distinction87 m1,776 (21)
Inaura Hotels & Residences105 m4,989 (35)
Baccarat Hotel and Residences132 m5,762 (25)
South Ridge 6151 m2,081 (10)
Burj Views A173 m1,782 (11)
South Ridge 5198 m2,101 (10)
Banyan Tree Residences Aurelia219 m– (0)

Drive times with no traffic

ToTimeDistance
Dubai Mall7 min2.8 km
DIFC Gate6 min3.6 km
DXB Terminal 331 min20.1 km
Dubai Marina Mall24 min23.0 km
Mall of the Emirates18 min16.7 km
Kite Beach15 min12.7 km
DWC airport50 min47.5 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 2 May 2024 to 21 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Developer material (the developer's own project page and brochure; marketing text, not residents)., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 23 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 23 Oct 2026 first build of this page. No correction yet.

DaliaAIAsk DaliaAI analyst

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.